(VIANEWS) – USD/EUR (USDEUR) has been up by 2.97% for the last 21 sessions. At 04:07 EST on Thursday, 2 February, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 4.448% up from its 52-week low and 13.309% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.15%, a negative 0.09%, and a positive 0.52%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.42% (last month), and 0.52% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be oversold (<=20).
News about
- Eur/usd forex signal: rising wedge, bearish divergence forms – 31 January 2023. According to DailyForex on Tuesday, 31 January, "The EUR/USD price pulled back slightly after the relatively weak German economic data. ", "The EUR/USD price will react to the upcoming American consumer confidence data by the Conference Board. "
- Eur/usd slides to 1.0850 as German/us data intensifies ECB vs. fed battle. According to FXStreet on Wednesday, 1 February, "While the 0.25% Fed rate hike is almost given and priced in, the EUR/USD traders will also pay attention to the activity data for January and Jerome Powell’s ability to defend the aggressive rate hikes.", "Failure to keep the bounce off the 21-day Exponential Moving Average (EMA), around 1.0800 by the press time, increases the odds of the EUR/USD pair’s confirmation of the three-month-old rising wedge bearish chart pattern by breaking the 1.0775 support."
- Eur/usd forecast: euro continues to await FED announcement – 31 January 2023. According to DailyForex on Tuesday, 31 January, "The EUR/USD currency pair has been slightly positive during the trading session on Monday, but we still stay in the same noisy range that we have been in for the last week or two, as we continue to wait on the FOMC meeting on Wednesday. "
- Eur/usd comes under further pressure and challenges 1.0800. According to FXStreet on Tuesday, 31 January, "The corrective decline remains well and sound around the European currency and now drags EUR/USD to the boundaries of the 1.0800 mark on turnaround Tuesday.", "The pronounced rebound in the dollar forced EUR/USD to shed further ground and flirt with the key 1.0800 neighbourhood on Tuesday."
- Eur/usd: scope for a move back to the 1.06 area into the spring – rabobank. According to FXStreet on Tuesday, 31 January, "Economists at Rabobank discuss their forecasts for the EUR/USD pair for the coming moths.", "While we expect EUR/USD to hold around 1.09 on a one-month view, we see scope for a move back to the 1.06 area into the spring."
More news about USD/EUR (USDEUR).
